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Nov 17, 2017
11/17
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>> alibaba, it's amazon 2.0. the addressable audience in the united states for amazon, they have 320 million people in china, it's double that on the addressable audience with 1.4 billion people but with 620 basically that are potential customers for alibaba. >> what's the song we play when you lose >> toni braxton. >> that song is bad. who sings this song? >> celine dion >> almost as bad honeywell. back to you, mel >> we'll keep playing celine have a great weekend "options action" is up next. me. ambitions live everywhere. synchrony financial gives people the buying power and financial toolsthat help make them happen. synchrony financial. what are you working forward to? why did you take credit card debt on? second kid. private school. medical bills. moving costs. solid ground. a personal loan from sofi is a smart way to consolidate credit card debt. certain borrowers cut their credit card interest rates 42% and increased credit scores 17 points on average. borrow up to $100,000 with low rates and no hidden fees
>> alibaba, it's amazon 2.0. the addressable audience in the united states for amazon, they have 320 million people in china, it's double that on the addressable audience with 1.4 billion people but with 620 basically that are potential customers for alibaba. >> what's the song we play when you lose >> toni braxton. >> that song is bad. who sings this song? >> celine dion >> almost as bad honeywell. back to you, mel >> we'll keep playing celine have a...
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Nov 29, 2017
11/17
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did in q3 you know, amazon is a lot bigger than both of those, but the idea that amazon can sort of power through this market without a lot of price cuts is important >> michael, a couple of things jassy said that caught my ear. one was that he's planning on doing a lot more m & a, though they haven't done much in the past, and, two, that we should expect to see them layering on some software and services on top of that core infrastructure product, and i would expect if those were patterned after some of the competitors that could add profitability on top of what they have already got. do you have all of that in your model already, or is that something that tweaks how you look at aws? >> you know, for the most part we look at the margin structure at aws as being, you know, highly leveraged it's a fixed cost type of business, and when -- and when revenue does well, all that incremental revenue tends to fall to the bottom line. the aws operating margin in q3 was pretty strong at 26% which is what we're modeling for next year also. you know, that's a huge profit margin compared to amaz
did in q3 you know, amazon is a lot bigger than both of those, but the idea that amazon can sort of power through this market without a lot of price cuts is important >> michael, a couple of things jassy said that caught my ear. one was that he's planning on doing a lot more m & a, though they haven't done much in the past, and, two, that we should expect to see them layering on some software and services on top of that core infrastructure product, and i would expect if those were...
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Nov 24, 2017
11/17
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are we going to see that in amazon's numbers >> first, this is probably the best set up for amazon, at least for the holiday shopping season that i've seen in the 15 years we've covered the stock. >> basically ever. >> ever, right best setup driven by alexa echo devices, as well as mobile devices, which i think amazon has a very, very strong position in typically e-commerce and mobile, the rate of acceleration in fourth quarter increases significantly. mobile penetration, e-commerce penetration in the fourth quarter. this quarter is no exception particularly for amazon, when i took a look at the downloads this year, they had the highest number of downloads, ebay coming in second, of any company within the u.s. i took a look at activity yesterday, thanksgiving, amazon had the highest usage of any pure online retailer that i've seen ebay also coming in, walmart, target, as well. but they had the best performance in terms of mobile activity and that's 50% growth year over year and mobile activity on a platform the prime fly wheel is working, e-commerce is working for them they dominated r
are we going to see that in amazon's numbers >> first, this is probably the best set up for amazon, at least for the holiday shopping season that i've seen in the 15 years we've covered the stock. >> basically ever. >> ever, right best setup driven by alexa echo devices, as well as mobile devices, which i think amazon has a very, very strong position in typically e-commerce and mobile, the rate of acceleration in fourth quarter increases significantly. mobile penetration,...
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Nov 22, 2017
11/17
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amazon will have a draw. apple will be sucking a lot of air out too. >> i think that's true you mentioned what's very important here this is as big of a tailwind going into this holiday season as retailers have had in maybe a decade think about consumer confidence, think about where the currency has been think about where inventories are for these guys they've had two years to get inventories in line. no one's going to be surprised by this. the other thing, black friday started two days ago i'm two tv sets long into the season already at best buy, i got 55 inches of power going into my bedroom. >> tiffany is another one, high end, that's going to do well being levered up, their balance sheet, aggressively bought back stock. completely egregious in my opinion. that stock is a sell here. >> i don't usually ask the questions, but can i ask a question to me it just seems like these guys are not much off the recent lows who is the buyer of these things >> at this point who is the seller if you owned a lot of these
amazon will have a draw. apple will be sucking a lot of air out too. >> i think that's true you mentioned what's very important here this is as big of a tailwind going into this holiday season as retailers have had in maybe a decade think about consumer confidence, think about where the currency has been think about where inventories are for these guys they've had two years to get inventories in line. no one's going to be surprised by this. the other thing, black friday started two days...
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Nov 17, 2017
11/17
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amazon had more fun so to speak. consider that google, microsoft and ibm are trying to take customers away from amazon-webbed services because the acknowledged leader of the business consider that many retailers have been decimated by amazon and all retail stocks have been hurt because investors amazon has the power to destroy any brick & mortar chains it decide to put in its cross hairs. amazon is a death star, moving in striking range in every industry on the planet what makes amazon so powerful? is it the vision of jeff bezos, its founder of ceo is it the fact that amazon's battier by brick & mortar stores i think it's all those the consumer loves amazon. the consumer pays for prime and prime is the best way to get pretty much everything look at the incredible price and earnings in the drug store stock. people are willing to pay less for the likes of cvs and walgreens, why walgreens is -- getting in the business it makes sense, the front of the store so to speak is covered by amazon i have a drugstore 48 yards awa
amazon had more fun so to speak. consider that google, microsoft and ibm are trying to take customers away from amazon-webbed services because the acknowledged leader of the business consider that many retailers have been decimated by amazon and all retail stocks have been hurt because investors amazon has the power to destroy any brick & mortar chains it decide to put in its cross hairs. amazon is a death star, moving in striking range in every industry on the planet what makes amazon so...
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Nov 22, 2017
11/17
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and second to amazon >> you think they can be a winner and amazon and best buy that you think amazon and walmart can win together >> i think they can both win walmart is very interesting because when you look at the black friday search and activity that's been taking place here, it's actually very strong surprisingly in brazil as well and while amazon has recently announced they're going to be making penetration into in a space walmart has been there since 1955 also through the online channel, particularly via the phones. >> what about the losers too >> tractor supply. company i followed for a while i'm interested to hear what the indications are. >> yeah, i'm sorry to is a that on national television in history, they have have a lower win-loss ratio an the rest of the sector coming out of black friday on average, losing 1.1% per day. this year actually, i think it's going to be very interesting because they have a concentration and when you look at differentials between what are national allegiance tends to really care about, houston actually has a much higher propensity to be looki
and second to amazon >> you think they can be a winner and amazon and best buy that you think amazon and walmart can win together >> i think they can both win walmart is very interesting because when you look at the black friday search and activity that's been taking place here, it's actually very strong surprisingly in brazil as well and while amazon has recently announced they're going to be making penetration into in a space walmart has been there since 1955 also through the...
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Nov 30, 2017
11/17
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breaking news on amazon. cnbc.com reporting that that company is exploring talks with generic drug makers. meg terrell breaking that news, and joins us now on the phone, meg, what can you tell us? >> reporter: hi, scott amazon has held preliminary sort of exploratory talks with makers of generic drugs like novartis and mylan about a potential entry into the pharmacy space. this is a story i just published with christina farr from cnbc.com she's been writing a lot about this people have been wondering what amazon is going to do in this space. what we've learned from these conversations, it appears amazo amazon's plans are not clear these are high level discussions about exploring, getting into the space, but that they are taking place across drug makers in the industry. and so people are watching to see whether this is going to impact distributors like cardinal health. it's unclear what form if any amazon will take >> we're wondering what impact there could be on stocks like cvs, which is down perhaps on your
breaking news on amazon. cnbc.com reporting that that company is exploring talks with generic drug makers. meg terrell breaking that news, and joins us now on the phone, meg, what can you tell us? >> reporter: hi, scott amazon has held preliminary sort of exploratory talks with makers of generic drugs like novartis and mylan about a potential entry into the pharmacy space. this is a story i just published with christina farr from cnbc.com she's been writing a lot about this people have...
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Nov 13, 2017
11/17
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different there's no physical store for to you compare amazon's prices against. there's some food products, i stopped buying from amazon because they hiked the price once i started getting a regular delivery >> no assurance on that. from walmart's perspective if there's some product categories, we're not going to play the game of trying to be lowest price online because what advantage does walmart have to press, if any, obviously the ubiquity of the stores and the fact if you come in looking with the high traffic items the stuff you need all the time maybe you buy something else maybe that's official strategy behind it on walmart's part. >> the rollback doesn't work as much online as it used to. people aren't just looking for dollar savings they're looking for time savings. they want the item faster, reliably, they want a variety and amazon has played that game so well. >> it's basically how much do you value convenience over other things or the fact that you're so in the habit of putting a basket of orders out there on amazon and willing to take what they charge
different there's no physical store for to you compare amazon's prices against. there's some food products, i stopped buying from amazon because they hiked the price once i started getting a regular delivery >> no assurance on that. from walmart's perspective if there's some product categories, we're not going to play the game of trying to be lowest price online because what advantage does walmart have to press, if any, obviously the ubiquity of the stores and the fact if you come in...
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Nov 24, 2017
11/17
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. >> it's an interesting moment because you had the peak panic for retail apocalypse after amazon whole foods into july then you're up big depending on subsector up 20% and now there's a season the season might be good enough and consumers in a good mood, there's enough to go around in a sense for everybody. >> although, is this true after thanksgiving -- >> stocks don't do well in december typically. >> it's into the date best time to own. >> then after, then july into the first quarter -- january, sorry. >> thanksgiving shoppers getting an early start macy's opened at 5:00. here's more from jeff gannette, i watched you cut the ribbon with al roker, what a great perk in your line of work i wonder your take on what adobe is telling us about the jump of people shopping on their phone ahead of black friday. is that going to be evident to you and the way in which you track foot traffic >> you know, we had a good start to the fourth quarter and black friday was very strong online as well as the traffic that came into our stores last night and that are here today in our stores so good start
. >> it's an interesting moment because you had the peak panic for retail apocalypse after amazon whole foods into july then you're up big depending on subsector up 20% and now there's a season the season might be good enough and consumers in a good mood, there's enough to go around in a sense for everybody. >> although, is this true after thanksgiving -- >> stocks don't do well in december typically. >> it's into the date best time to own. >> then after, then july...
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Nov 27, 2017
11/17
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amazon has a pretty high bar to beat prime day in july was actually amazon's best day ever topping both cyber monday and black friday from the year before. so can they do it? most people they think can emarketer says on an average day amazon gets 44 cents of every dollar that's spent online, but if you look across the board for all of ecommerce today, even on top of records for thanksgiving day and black friday, adobe still predicts today could be the best online shopping day in the u.s. in history at $6.6 billion. that's up about 16.5% over last year one thing we're going to be watching today is website performance. a lot of these retailers will stress test their website under very heavy traffic conditions and different kinds of checkout strain, but it's not always enough to deal with traffic that could be potentially 30 times above what's normal. we know over the weekend h&m.com saw three different outages. lowe's was out for part of friday there were some reported checkout issues with macy's online and that's in addition to the credit card processing issues that the retailer dealt wi
amazon has a pretty high bar to beat prime day in july was actually amazon's best day ever topping both cyber monday and black friday from the year before. so can they do it? most people they think can emarketer says on an average day amazon gets 44 cents of every dollar that's spent online, but if you look across the board for all of ecommerce today, even on top of records for thanksgiving day and black friday, adobe still predicts today could be the best online shopping day in the u.s. in...
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Nov 27, 2017
11/17
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begin on amazon. they go to platform immediately to simply search for something to buy. >> which kind of detracts from the old story of everybody kind of looking at this array of prices and comparison shopping and amazon maybe is or isn't the bestprice, you're kind of captive to the platform a lot of people. >> as far as bezos goes, we knew last week his net worth hit $100 billion. robert frank with a great stis stick, the increase in his wealth this year, 32 billion, would buy itself make him the 18th richest man in the world. going to add to it this morning it looks like a little bit. >> the numbers sort of magnitude -- the leverage of individuals to what the market is basically doing in terms of re valvaluing these dominant companies never seen before. >> for more on cyber monday, we'll talk about it later today. talk to the head of ups and other people but courtney reagan islive at amazon fulfillment center in new jersey good morning, courtney. >> reporter: good morning, carl. holiday shopping wee
begin on amazon. they go to platform immediately to simply search for something to buy. >> which kind of detracts from the old story of everybody kind of looking at this array of prices and comparison shopping and amazon maybe is or isn't the bestprice, you're kind of captive to the platform a lot of people. >> as far as bezos goes, we knew last week his net worth hit $100 billion. robert frank with a great stis stick, the increase in his wealth this year, 32 billion, would buy...
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Nov 17, 2017
11/17
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. >> so fearful of amazon. >>i asked her, do you want me to die that's what you have a conversation when you deal with the drugstore. amazon will send you the stuff they'll go, your doctor will go right to amazon and it will be at your house the same day you won't have to be told by a pharmacist, i wish i could help you, but -- >> i asked, do you want me to die? just tell me i need the pills these people can be -- so easily and if amazon were your pharmacist, david, the stuff would be there that afternoon. everybody fears amazon because they're better than everybody. >> all right, so they're disintermediateiating the drug company -- the drugstores. >> everyone hopes they -- >> and disintermediating the movie studios. >> the movie studios, there say creativity element, people don't feel that amazon is the most creative company. >> they're buying creativity from other people and having, you know -- >> that's the argument on a bunch of tech giants, very little room to innovate, just get bought is your best hope. >
. >> so fearful of amazon. >>i asked her, do you want me to die that's what you have a conversation when you deal with the drugstore. amazon will send you the stuff they'll go, your doctor will go right to amazon and it will be at your house the same day you won't have to be told by a pharmacist, i wish i could help you, but -- >> i asked, do you want me to die? just tell me i need the pills these people can be -- so easily and if amazon were your pharmacist, david, the stuff...
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Nov 27, 2017
11/17
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-- everyone watches amazon we've been talking about amazon a lot this morning when they plaunched a few years ago, did this ahave a a small or medium or big impact on your business >> you know, amazon does a great job with convenience, selection, and so the place you go kind of every day, again and again, you want to feel when you want it to feel special, there's no place like etsy. >> convenience they get by warehousesing things in advance, and then shipping. >> the traditional advantages simply don't translate >> do you think sellers are not selling in amazon today for the most part. >> many of our 207 sellers say they're multi-channel, but the vast majority of our top sellers say the majority of their sales come from etsy, and that they expect that going forward the majority of their sales will continue to come from et cetera why i. >> you'll send a photos of your pet to shannon she is then going to screen print it on a pillow, and you will be able it on display that on your couch or wherever. it's a great gift for yourself or for someone else. >> i'm going to get this for joseph
-- everyone watches amazon we've been talking about amazon a lot this morning when they plaunched a few years ago, did this ahave a a small or medium or big impact on your business >> you know, amazon does a great job with convenience, selection, and so the place you go kind of every day, again and again, you want to feel when you want it to feel special, there's no place like etsy. >> convenience they get by warehousesing things in advance, and then shipping. >> the...
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Nov 27, 2017
11/17
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we had a couple of events that made you feel like amazon could do no wrong. what is different about this cybermonday, a lot of the other retailers are in different position than they were. inventory levels at a different place, a strategy in many cases an online presence that feels different even to a customer that is used to amazon i'll take it from the other side i think it is all about market perception, the bar has been so low, the perception has been so low on the major retails, department stores, you name it i think that's why amazon is somewhat muted from here on out. >>> the street's top strategist weren't bullish enough this year it looks like they're making the same mistake for next year why won't wall street go full bull we got a special report. traders getting on one group of stocks with massively underperformed this year we'll tell you what it is after this break if you're on medicare, remember, the open enrollment period is here. the time to choose your medicare coverage... begins october 15th and ends december 7th. so call unitedhealthcare to l
we had a couple of events that made you feel like amazon could do no wrong. what is different about this cybermonday, a lot of the other retailers are in different position than they were. inventory levels at a different place, a strategy in many cases an online presence that feels different even to a customer that is used to amazon i'll take it from the other side i think it is all about market perception, the bar has been so low, the perception has been so low on the major retails, department...
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Nov 16, 2017
11/17
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that's amazon. so we found our toe-to-toe now the stock was down yesterday, down about a buck and a half, off of target. that turned out to be a mistake. this company is taking share by the way, online 50% is rather remarkable this is a reinvention. and i think that people have to recognize, when walmart gets it right, like, i remember during the golden age of walmart, in which we may be in a second golden age you would look at it and say, this is a premium multiple best in show company. this number was as good as costco, as good as home depot. >> david, you're doing media today, but you know walmart well we said, best comps in eight years. best grocery comp in six years traffic up, ticket up, hard to find any hair on this one. >> yeah, well, grocery, of course, we know, is such an important component for the company, over time, of course, becoming the largest grocer. it's more interesting what mcmillan is doing in terms of the leeway he's been given by his large shareholders, the walton family, to,
that's amazon. so we found our toe-to-toe now the stock was down yesterday, down about a buck and a half, off of target. that turned out to be a mistake. this company is taking share by the way, online 50% is rather remarkable this is a reinvention. and i think that people have to recognize, when walmart gets it right, like, i remember during the golden age of walmart, in which we may be in a second golden age you would look at it and say, this is a premium multiple best in show company. this...
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Nov 6, 2017
11/17
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amazon has it by itself. if you're competing against amazon, you're going to want to go to google tied up with salesforce this may be the logical way for anyone, say, walmart, trying to figure out how to beat amazon in its own game >> jim, it's really interesting. i'm glad you emphasized that because looking at amazon shares afterhours see if they're selling up they're not moving too much. you're saying this is salesforce and google, two huge companies, putting amazon on notice >> i think that's right. i mean, i think marc spoke very positively about amazon. i think what it really is is for someone who feels beleaguered, and just feels like, you know what, i get a good service with amazon, but i really want to compete with them head to head, i want someone to be in there fighting for me. i think you go over to google, say, listen, amazon, i want a price break. i'm going to google, going to you. before this, even though google is a great company, google has great accelerated revenue, i do think google is at a
amazon has it by itself. if you're competing against amazon, you're going to want to go to google tied up with salesforce this may be the logical way for anyone, say, walmart, trying to figure out how to beat amazon in its own game >> jim, it's really interesting. i'm glad you emphasized that because looking at amazon shares afterhours see if they're selling up they're not moving too much. you're saying this is salesforce and google, two huge companies, putting amazon on notice >> i...
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Nov 30, 2017
11/17
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amazon wants developers to use this to code up new services with amazon's cloud. i spoke to aws ceo andy jasy earlier this week about it in las vegas. take a listen. >> you could imagine setting it up so that you open your garage door any time you see your license plate that you've trained the model to recognize, or you can imagine it sending a text any time your dog gets on the couch so it has a bunch of a go rhythms built into the camera it has a bunch of tutorials built in so you can learn how to use computer vision models, and it's really designed to allow developers, everyday developers, to get experience doing machine learning and deep learning >> guys, he was saying that there aren't enough actual practical applications yet where developers can test out coding skills in this that's part of the reason they are putting the camera out there. not so much as a mass market product yet, but as a home science project so developers cantinker and build a communit so they can later come out with more products. >> it's not just about reading signs or license plates or
amazon wants developers to use this to code up new services with amazon's cloud. i spoke to aws ceo andy jasy earlier this week about it in las vegas. take a listen. >> you could imagine setting it up so that you open your garage door any time you see your license plate that you've trained the model to recognize, or you can imagine it sending a text any time your dog gets on the couch so it has a bunch of a go rhythms built into the camera it has a bunch of tutorials built in so you can...
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Nov 10, 2017
11/17
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trades at 1.5 times pe ratio, significantly cheaper thatten big tech names here. >> especially amazon >> baba's incremental margin, this marketplace model, the incremental margin is massive. the opportunity for them is massive. this company definitely has legs, up 110% year to date or not. the total addressable market, the competition is less. i can make an argument that at 22 times ebitda next year, i would rather own baba over amazon >> you've got to like any company that can essentially take a made-up holiday and turn it into a management billion dollar -- >> like amazon >> like amazon >> prime day >> prime day's a copy cat. >> total copy cat. >> if anybody tells me bitcoin has problems, come on, it's a made up holiday, prime day, this day, all of it good for them to do it i still like the stock i actually probably yield valuation wise clearly as tim points out you want to own this more the amazon of china, why wouldn't you want to own that? >> we all seem to be in accord here it's a good night to be in unison, everybody is happy so let me play devil's advocate for a second >> you
trades at 1.5 times pe ratio, significantly cheaper thatten big tech names here. >> especially amazon >> baba's incremental margin, this marketplace model, the incremental margin is massive. the opportunity for them is massive. this company definitely has legs, up 110% year to date or not. the total addressable market, the competition is less. i can make an argument that at 22 times ebitda next year, i would rather own baba over amazon >> you've got to like any company that...
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Nov 20, 2017
11/17
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amazon is really two companies, it's a retailer and web service provider given amazon has a market cap of $541 billion, that gives lee way to buy more and more and more. fifth is apple you keep buying on the way up and it won't stop being dirt cheap physical it trade 18 or 19 times. apple's one-two punch of the iphone 8 and x gives investors permission to keep buying. sixth is one i don't talk about enough, arista networks. this is as hot as it gets. it connected companies to data centers. i'm calling it unstoppable it's the kind of name hedge fund like to anoint seventh, boeing. the aerospace business is in growth mode. inla demand is off the charts these are house seeing times for the year craft makers. boeing's run up. that's how you get anointed. coming in eighth this is the desk bot, it's home depot. the stock's only up 29%. watch it fly if lowe's reports a good quarter tomorrow morning. ninth stock for the end over the year, lamb research. the semiconductor equipment maker keeps putting up 5% and hasn't been rewarded as nearly as much as it deserves how can they stop being so che
amazon is really two companies, it's a retailer and web service provider given amazon has a market cap of $541 billion, that gives lee way to buy more and more and more. fifth is apple you keep buying on the way up and it won't stop being dirt cheap physical it trade 18 or 19 times. apple's one-two punch of the iphone 8 and x gives investors permission to keep buying. sixth is one i don't talk about enough, arista networks. this is as hot as it gets. it connected companies to data centers. i'm...
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Nov 24, 2017
11/17
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and what amazon does well. i think what their great advantage is they have a personal connection with the customer >> they're trying to get better margins trying to get better products and the more exciting -- the business of the department store and any bricks and mortar is to create a theater, to create a reason for a customer coming into the store. if you can't excite the customer or you can't show a differentiator, yu want to be in my store, you'll lose the battle i think, like in all things, capitalism gets rid of the people that won't come up to the table, and it creates greater opportunities for the customer i think as a retailer, these young people are going to see this as an opportunity and not something that's going to put them down. if you take bricks and mortar out of the question, there won't be much of a business. it is the platform of getting people introduced to new ideas they just have to leadership how to make that a better way of happening. >> go ahead. sflool the customer mgts to have e-comm
and what amazon does well. i think what their great advantage is they have a personal connection with the customer >> they're trying to get better margins trying to get better products and the more exciting -- the business of the department store and any bricks and mortar is to create a theater, to create a reason for a customer coming into the store. if you can't excite the customer or you can't show a differentiator, yu want to be in my store, you'll lose the battle i think, like in all...
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Nov 29, 2017
11/17
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yours. >>> some breaks news from amazon, amazon web services announcing new customer agreements with disney, the nfl and expedia, holding its reinvent conference in vegas in which john forte just sat down with andy jassy, we'll hear sound later on this morning. good to have you back. >> i think we're going to hear sound now. thanks for kicking -- teeing that off i just got back from vegas, i was out there for an interview with andy and it's interesting disney is going to use the cloud from aws for presumably some of this netflix like service they want to role out in the future amazon saying disney is going to shut down the larger data centers and switch over to amazon interesting because netflix was aws's first big customer expaid yan, going to use this across all of xpeexpedia's 200 brands i asked andy what he thought got disney over the hump into using this he said flexibility was a big piece of it. >> i think it's a big reason, not only does disney know they are going to save money, but the ability to innovate at the pace they want to innovate is a big factor and it -- just in the
yours. >>> some breaks news from amazon, amazon web services announcing new customer agreements with disney, the nfl and expedia, holding its reinvent conference in vegas in which john forte just sat down with andy jassy, we'll hear sound later on this morning. good to have you back. >> i think we're going to hear sound now. thanks for kicking -- teeing that off i just got back from vegas, i was out there for an interview with andy and it's interesting disney is going to use the...
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Nov 30, 2017
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you can see an amazon locker and you can pick up and return items you purchase from amazon, echo dot was the pop performing device sold at whole foods i think they are getting started of standing their physical presence which will enable taking a lot of market shares >> we have talked about amazon entering many things i think the first time that i read anywhere that you believe amazon could quote, "pull a cost costco" and entering gas business >> exactly 10% of revenues are coming from gas. commercial addresses and not jer residential so less expensive for them to get packages to locations and for consumers to pick up amazon purchases and not quite to the level of uber but data of where consumers on, on a physical basis all of a great opportunity for amazon >> believe the highest on the sale size. tom, thank you >> thank you >> all right, the dow is up and i do mean it is way up today lets take a look there it is, can i read that 300 points 24240 on pace to be the index's best one day gain this year. apple is one of the stocks that's lifting the dow one analyst says iphone x offsprin
you can see an amazon locker and you can pick up and return items you purchase from amazon, echo dot was the pop performing device sold at whole foods i think they are getting started of standing their physical presence which will enable taking a lot of market shares >> we have talked about amazon entering many things i think the first time that i read anywhere that you believe amazon could quote, "pull a cost costco" and entering gas business >> exactly 10% of revenues...
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Nov 7, 2017
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do you really need the amazon private label? or is it a customer experience when -- >> i'm not sure you can get this price point at your local furniture store. >> 700 bucks for a sofa? >> bob's discount furniture. bk, tell them about it >> exactly, that's where i get all my furniture >> what amazon has done in the consumable space, which is what they've done with whole foods, makes a ton of sense it rests on their investments in logistics. can they do that in the furniture space? you can argue it's the same network. in the commoditized world of consumer products and electronics, yes, some of that is really commoditized choosing furniture, i don't think so as much restoration hardware has at least had one dance with the devil in the last couple of years on this very point again, they have their own membership card. they've done a lot with their inventory, to try to fight off amazon that stock has hit a massive run. that alone should be a reason. >> the price points between h s restoration hardware and amazon are very different >>
do you really need the amazon private label? or is it a customer experience when -- >> i'm not sure you can get this price point at your local furniture store. >> 700 bucks for a sofa? >> bob's discount furniture. bk, tell them about it >> exactly, that's where i get all my furniture >> what amazon has done in the consumable space, which is what they've done with whole foods, makes a ton of sense it rests on their investments in logistics. can they do that in the...
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Nov 22, 2017
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amazon hitting all-time highs today. under armour reing but the stock on pace for its worse year ever. more than that ahead serna, expected to announce a deal with the company and gamestop rallying posting strong results. michele? >> we begin with this hour with uber's hack attack millions all over the world have been affected what's causing outrage however, uber paid money to cover it up joining us now with the latest, deadria? >> hey, michele, the names, e-mails, driver's license numbers of 57 million riders and drivers were exposed uber paid as you said $100,000 in hush money to the hackers and hid the breach for the public and regulators for a year. drivers are only now finding out if they were affected. i spoke to harry campbell and he did have data stolen an sent me the screen shot of an alert he received from uber today after submitting his information on the website. they have subsequently set up. now the broader fallout, though, has been swift today a key democrat has called for an ftc probe into uber's handling
amazon hitting all-time highs today. under armour reing but the stock on pace for its worse year ever. more than that ahead serna, expected to announce a deal with the company and gamestop rallying posting strong results. michele? >> we begin with this hour with uber's hack attack millions all over the world have been affected what's causing outrage however, uber paid money to cover it up joining us now with the latest, deadria? >> hey, michele, the names, e-mails, driver's license...
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Nov 27, 2017
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it or not, that's rare for cyber mobd fnday for amazon. last five years, amazon has been negative every time except for once on cyber monday 2012. interesting move there today adobe tells us by 10:00 a.m., $840 million had been spent online, up 17% remember, the number we're looking for for it to be a total record day would be $6.6 billion, which is the forecast adobe is looking for for the day. now, of course, amazon isn't necessarily the only game in town you know it's the biggest. ebay does expect this hour to be its peak hour of the day they're saying the apple macbook air is one of the top sellers selling one every five seconds most websites are performing pretty well today. we didn't necessarily see that out-performance on black friday. we talked about some of those outages. jay crew may be the xception that appears only to be regally. some users in boston and new york are having a hard time consistently getting onto the j.crew website, however, it appears on the west coast everything looks okay for that retailer back over to you guy
it or not, that's rare for cyber mobd fnday for amazon. last five years, amazon has been negative every time except for once on cyber monday 2012. interesting move there today adobe tells us by 10:00 a.m., $840 million had been spent online, up 17% remember, the number we're looking for for it to be a total record day would be $6.6 billion, which is the forecast adobe is looking for for the day. now, of course, amazon isn't necessarily the only game in town you know it's the biggest. ebay does...
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Nov 7, 2017
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amazon trades like the amazon, amazon space let's say you're one of these companies and you love working with amazon, giving you major leverage over panels who don't know how to tell their story or anticipate new customers and reach them now they're hearing amazon's moving in on the industry they're going to start selling furniture. google started offering similar analytics and marketing ecosystem. it's defense and offense judging by declines of the brick and mortar segment of this margaret, it seems like not enough companies in that sector has a digital strategy that is strong on both sides of the fields dinosaurs. the news that rocked dream force happened in the atmosphere this is a huge potential deal, we don't know if it's going to happen it's all about another sworn digital opponent that can't really be considered an upstart anymore. it's about netflix at one point it seems like the whole component was given away fuelling the streaming video pioneer's worldwide growth some feel the company sowed the seed of their own demise, netflix has a good demand of what everybody on earth wants
amazon trades like the amazon, amazon space let's say you're one of these companies and you love working with amazon, giving you major leverage over panels who don't know how to tell their story or anticipate new customers and reach them now they're hearing amazon's moving in on the industry they're going to start selling furniture. google started offering similar analytics and marketing ecosystem. it's defense and offense judging by declines of the brick and mortar segment of this margaret, it...
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Nov 27, 2017
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amazon's stock would have to cross $12,500. crazy number, but given that ten years ago, amazon was at 30 or 35, it's now at 1,200, it's not unthinkable he could be the first trillionaire. >> what is the best anti-povefvt measure? a job. he creates hundreds and thousands -- >> hundreds of thousands of jobs. >> vigt. >> and if you go back and look what he's done, he's only given away $68 million, .1% of his fortune. there is a reason that he hasn't followed like lemmings all the other billionaires that signed the pledge, given money to philanthropy he is planning something else for this $100 billion. could be $300 billion by the time he's done or even more that we can't even conceive of today. but i bet it will be as big or bigger than amazon, itself >> find us a new planet and have it to us within 24 hours >> would be the richest man in the universe >> same-day delivery >> he would be the richest man -- >> on mars. >>> roku up nearly 13% after top analysts doubled their price target on the stock, by the way, r up 90% since going
amazon's stock would have to cross $12,500. crazy number, but given that ten years ago, amazon was at 30 or 35, it's now at 1,200, it's not unthinkable he could be the first trillionaire. >> what is the best anti-povefvt measure? a job. he creates hundreds and thousands -- >> hundreds of thousands of jobs. >> vigt. >> and if you go back and look what he's done, he's only given away $68 million, .1% of his fortune. there is a reason that he hasn't followed like lemmings...
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Nov 13, 2017
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purchased he worked for amazon for two years, absolutely knows amazon's playbook he has the talent and the authority and budget to do whatever he needs to do to make walmart the winner in e-commerce. >> all right thank you, both. appreciate your thoughts avery sheffield, liz dunn joining us today. >>> up next we come back with the closing countdown with the dow up 22 points right now. >>> after the bell, tesla ceo elon musk says thursday's reveal of the long-awaited semitruck will, quote, blow your mind. we'll look at whether -- excuse me -- >> we're going to look at whether musk's promises tend to ypve up to their he. that's still to come on "closing bell." >> thank you. >> i think let'sfist word that comes to mind when you think of low-cost futures trading. was it happy? what about a dedicated service team with futures licensed specialists? and what about being able to react to the 24-hour futures market with integrated trading across web and mobile? still happy? good. then it's time for power e-trade. the platform, price and service that gives you the edge you need. e-trade. the ori
purchased he worked for amazon for two years, absolutely knows amazon's playbook he has the talent and the authority and budget to do whatever he needs to do to make walmart the winner in e-commerce. >> all right thank you, both. appreciate your thoughts avery sheffield, liz dunn joining us today. >>> up next we come back with the closing countdown with the dow up 22 points right now. >>> after the bell, tesla ceo elon musk says thursday's reveal of the long-awaited...
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Nov 8, 2017
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go long. >>> amazon customers can get the new amazon key today our deidre bosa let total strangers in her house to test it out deirdre, everything okay >> reporter: not in my house but i did see what it looks like goes live in 37 cities, the service that lets couriers enter your home or someone else's home using the camera-assisted remote-operated lock when you're not home as we've talked about, it's not hard to see privacy and safety issues like pets escaping, accidents or even the thought of potentially letting thieves and murderers into your home so i certainly have that in mind as we saw it in action with one of three customers that they let test in advance. now the courier was unable to lock the front door and after amazon verified he was at the right address, the cloud cam caught the entire thing. all pretty smooth but i couldn't help but notice how much privacy you potentially have to give up for the convenience. the camera shows nearly the entire living room including the couch that you would be sitting on to watch tv i felt bad for the poor dog who had to stay outside and he
go long. >>> amazon customers can get the new amazon key today our deidre bosa let total strangers in her house to test it out deirdre, everything okay >> reporter: not in my house but i did see what it looks like goes live in 37 cities, the service that lets couriers enter your home or someone else's home using the camera-assisted remote-operated lock when you're not home as we've talked about, it's not hard to see privacy and safety issues like pets escaping, accidents or even...
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Nov 24, 2017
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of luck trying to find it on amazon's marketplace. at best buy, you can get a home or home mini with a steep discount and get it by monday. once this best buy opens up, we'll talk to customers to find the most exclusive deals and see if we can find out if this year will be as busy as in years past >> thank you very much for that. best buy i will try to stay away from today last year it took a lot of my money. >> you would be wise to. >> thank you very much for that. >>> let's get back to the markets and have a deeper dive on what european equities are doing. yesterday as well, where they were open. carolin roth joins me from london good morning >> good morning. hope you had a great thanksgiving yesterday we're not doing too much we're actually close to the flat line when it comes to the broader stoxx 600 picture. we're seeing some slight outperformance for the cac 40, up by 0.4% the xetra dax up by 0.2% when it comes to danone shares, they're rising after china announced measures to cut import tariffs on some consumer products in orde
of luck trying to find it on amazon's marketplace. at best buy, you can get a home or home mini with a steep discount and get it by monday. once this best buy opens up, we'll talk to customers to find the most exclusive deals and see if we can find out if this year will be as busy as in years past >> thank you very much for that. best buy i will try to stay away from today last year it took a lot of my money. >> you would be wise to. >> thank you very much for that....
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Nov 22, 2017
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in terms of the story, amazon and cerner, what will the relation be? >> reporter: great question, melissa. amazon web services which is the cloud business is partnering up with cerner 22 billion health i.t. company and a partnership that will initially focus on what's called population health. in the long run this is a huge deal for amazon aws which has customers' big names we've heard of like netflix and kellogg's and aws really needs to break into health care in a big way to drive new growth, and cerner is like a stamp of approval, my sources are telling me it's a big name in healthcare. it helps them break new ground. >> in terms of the bigger vision going into drug distribution, for instance, how does that play into the broad strategy, if at all? >> reporter: i would say it's a little bit different because aws is sort of a separate team for amazon, and it could just mean that aws wants to get new healthcare customers which totally makes sense and cerner, ideal partnership for them but having more expertise and partnerships like this, who knows. it
in terms of the story, amazon and cerner, what will the relation be? >> reporter: great question, melissa. amazon web services which is the cloud business is partnering up with cerner 22 billion health i.t. company and a partnership that will initially focus on what's called population health. in the long run this is a huge deal for amazon aws which has customers' big names we've heard of like netflix and kellogg's and aws really needs to break into health care in a big way to drive new...
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Nov 13, 2017
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the biggest thing is walmart is so far behind amazon who -- and then there's nobody else amazon is just so far ahead, i think there is a lot of room for walmart to catch up or -- even if it's not so profitable, just to grab that share and figure out later what to do with it i don't think here -- >> i'm not familiar, to be honest with what lord & taylor has to offer -- >> i thought -- >> it can larry with that you are direct-to-consumer they just sold their flagship store to wee works >> if i'm going it walmart and slip into some high end, why not buy target or a better valuation? why not a company with target? that's how people are shopping for those types of brands. thee doing it through partnerships within the store. at that time is the best at it. >> i think it's all about the digital. that's been the focus. mcmillen has all over that it's not just the jet acquisition. 4600 stores in the u.s they have incredible efficiencies to use those stores, so walmart is catching up to amazon and i think wins, just like best buy when you look at what jolie has done at best bay, it's amazing. >>
the biggest thing is walmart is so far behind amazon who -- and then there's nobody else amazon is just so far ahead, i think there is a lot of room for walmart to catch up or -- even if it's not so profitable, just to grab that share and figure out later what to do with it i don't think here -- >> i'm not familiar, to be honest with what lord & taylor has to offer -- >> i thought -- >> it can larry with that you are direct-to-consumer they just sold their flagship store...
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Nov 21, 2017
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meanwhile, amazon's pharmacy opportunity may not necessarily be a game changer. that's according to a new note out today. joining us to talk about it is john blacklidge. good morning to you. >> thanks for having me. >> one of your peers on the sell side did a report yesterday about amazon's disruption in pharma they said the title was alexa, how much of this is going to hurt your answer appears to be not much >> yeah. when we looked at it, we identified about a $200 billion opportunity for amazon in 2018 in the retail and mail segment that's only 43% of total u.s. pharma revenue that's only 62% of actually the segments that are going to enter retail and mail because they're not going to do specialty drugs just given issues around reimbursement, small patient cohort, and they're also not going to get into hospital and clinical prescription sales. it's not quite as big. when we stacked it up against the other potential verticals for amazon, it's the sixth largest b to c vertical, x auto, and despite we have proprietary data saying high demand for prime subs great p
meanwhile, amazon's pharmacy opportunity may not necessarily be a game changer. that's according to a new note out today. joining us to talk about it is john blacklidge. good morning to you. >> thanks for having me. >> one of your peers on the sell side did a report yesterday about amazon's disruption in pharma they said the title was alexa, how much of this is going to hurt your answer appears to be not much >> yeah. when we looked at it, we identified about a $200 billion...
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Nov 30, 2017
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amazon bouncing back as it brings alexa to the workplace. digging deep near tech stocks and amazon, colin sebastian joins us from baird along with mike olson who covers can piper jeffrey. welcome to you both. thank you for being with us. mike, real quickly on amazon, how significant is this announcement of alexa going into the workplace? >> well, this is just part of amazon continuing to push into new markets. if you think what they've done with grocery and aws in general over the last couple years, they've added more than a trillion dollars of new addressable market this is another example of that. >> colin, what do you think the significance of all the announcements we've heard this week ultimately will be? >> well, even though amazon is already the largest cloud platform in the market, they're still playing offense. and i think what's most impressive is a rapid pace of innovation particularly moving from some of the core infrastructure services into more advanced technologies such as machine learning, artificial intelligence that's going
amazon bouncing back as it brings alexa to the workplace. digging deep near tech stocks and amazon, colin sebastian joins us from baird along with mike olson who covers can piper jeffrey. welcome to you both. thank you for being with us. mike, real quickly on amazon, how significant is this announcement of alexa going into the workplace? >> well, this is just part of amazon continuing to push into new markets. if you think what they've done with grocery and aws in general over the last...
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Nov 27, 2017
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for more on that we send it out to our courtney reagan who's at amazon warehouse in robbinsville, new jersey hi again, court. >> good morning to you, carl cyber monday has always been a really big day for amazon, but now that they have the prime day, they are going to have to beat their own record in order for it to be the biggest day of the year for amazon. you can see we're in this fulfillment center in new jersey and it's just one of 75 of amazon's fulfillment centers like this in the country here it covers a million square feet there are 14 miles of conveyer belts running 24/7 thousands of both human employees, as well as robots fulfilling those cyber monday orders last year amazon said 64 million items were ordered on its website. they are not giving a forecast to expect today, other than saying cyber monday is typically one of the biggest days of the year now, dan ives, who is an analyst, thinks that as much as 50% of all e-commerce sales on black friday go to amazon. that would overindex a typical day when we see about 44% of e-commerce sales happening on amazon's site. when yo
for more on that we send it out to our courtney reagan who's at amazon warehouse in robbinsville, new jersey hi again, court. >> good morning to you, carl cyber monday has always been a really big day for amazon, but now that they have the prime day, they are going to have to beat their own record in order for it to be the biggest day of the year for amazon. you can see we're in this fulfillment center in new jersey and it's just one of 75 of amazon's fulfillment centers like this in the...
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Nov 24, 2017
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all the stuff on amazon, no way. it's always cheaper. >> in a way the costco model criticized, basically capping margins. they are essentially sharing the same with the customers. that's the way amazon -- >> told everyone else. >> model, too. >> it's all about growth companies are being valued based on revenue and during this transformation period, maybe that's not so wrong. so we see walmart showing a lot of -- getting kudos and seeing increase in the market cap even though the margins were poor by historical standards, what is going on with walmart. when you see what they are doing, building something, one of those combinations of stores and bricks and mortar and internet that's going to win. >> we have to go i'm thinking about because there was reports at the traffic of lord and taylor's headquarters they are selling the building. did you strike that deal >> i love the guys at hudson bay. we're great friends. i've only been gone less than a month. >> that was -- that was a real eyebrow raiser my mom is lord and ta
all the stuff on amazon, no way. it's always cheaper. >> in a way the costco model criticized, basically capping margins. they are essentially sharing the same with the customers. that's the way amazon -- >> told everyone else. >> model, too. >> it's all about growth companies are being valued based on revenue and during this transformation period, maybe that's not so wrong. so we see walmart showing a lot of -- getting kudos and seeing increase in the market cap even...
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Nov 20, 2017
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no one is even coming near what amazon is still doing. that's why the piece last week about the parts -- some of amazon's parts -- >> the one talking about a trillion dollar market value not too far away. >> it's realistic because their web services is so good. it's just so quick. >> you don't think azure or google are close. >> they are very good but what happened is that amazon first mover advantages really helped i think walmart last week was a great tell, don't rule anybody else out because walmart will not subsidize to amazon. >> aren't they asking all of their -- >> we don't know, that's a restraint trade issue. it was a good suggestion if you get down to bentonville you want shelf space you help me, i help you. >> you try the google cloud and it's a good cloud. i mean, cumulus and serous and google -- >> we're not compatible with the other cloud. >> get off my cloud, right it's like a jagger thing. >> it is >> ibm is leading the dow at the moment let's get to seema modi on the floor. >> good morning, a burning question, traders are
no one is even coming near what amazon is still doing. that's why the piece last week about the parts -- some of amazon's parts -- >> the one talking about a trillion dollar market value not too far away. >> it's realistic because their web services is so good. it's just so quick. >> you don't think azure or google are close. >> they are very good but what happened is that amazon first mover advantages really helped i think walmart last week was a great tell, don't rule...
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Nov 15, 2017
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. >> hey, carl, third quarter trades on balance portfolio managers added shares of facebook, amazon, apple and netflix, among the funds that boosted their stake, core 2 and tiger global increased their exposure to amazon most increased in apple except david einhorn green light which consult its stakes netflix but sold in the quarter. more bearish, hedge funds, tutor, third point paring back there was also a lot of interest in china internet. ally baba and internet.com tiger global to webo and sina in addition to upping it's take of all the tech names amazon continues to be hugely helpful to tech fund managers. symmetric, amazon was the most positive contributor to alpha during the quarter that's within a basket of top transforming funds the stock gained 16% during the quarter. sports international the parent company of fitness centers like new york sports clubs was the biggest detractor to alpha keep in mind these holdings are as of the end of september and may have changed in the six weeks since. back to you guys >> thank you, leslie sticking with target, obviously profit forecast f
. >> hey, carl, third quarter trades on balance portfolio managers added shares of facebook, amazon, apple and netflix, among the funds that boosted their stake, core 2 and tiger global increased their exposure to amazon most increased in apple except david einhorn green light which consult its stakes netflix but sold in the quarter. more bearish, hedge funds, tutor, third point paring back there was also a lot of interest in china internet. ally baba and internet.com tiger global to webo...
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amazon sh everybody amazon, everybody is looking for the amazon killer. they want to upend the dominance amazon has do you think there's more runway for that company or that competitors will crowd in at this point >> i think every start up in the consumer space, especially in retail and e-commerce needs an amazon strategy. it's funny to talk about amazon. in a way, it's the oldest internet company there is. it has also hit its stride where it used to expand the market for everyone, now it's stealing share from everyone. in the last year amazon accounted for 53% of the entire e-commerce industry's growth to understand amazon's expansive potential but also ability to threaten your business because it's so large, because it's the technology leader baux it w because it wins on selection and price. >> even department stores are reeling from the amazon effect they used to be more shielded because of the behemoth nature of department stores, but not the case i know you're investing in tulip which is trying to help big retailers get closer to customers, know thei
amazon sh everybody amazon, everybody is looking for the amazon killer. they want to upend the dominance amazon has do you think there's more runway for that company or that competitors will crowd in at this point >> i think every start up in the consumer space, especially in retail and e-commerce needs an amazon strategy. it's funny to talk about amazon. in a way, it's the oldest internet company there is. it has also hit its stride where it used to expand the market for everyone, now...
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between wal-mart and amazon. i think wal-mart and amazon are doing a terrific job, you know, satisfying customer demand and what they need target is trying to transform the operation a little bit, but it's still early days in that transformation >> a lot of their new strategy has been to come up with these smaller stores not the super stores that we've seen in the past what do you think of those >> yeah. you know, it makes sense in an urban setting. to have a smaller store, you can get in, get out more quickly i hear a lot of people in the city that use the targets here you know, definitely is a little less expensive than some of the drug stores and the supermarkets in the city, so that helps >> i have one near us in the suburbs, and i hate it >> i think you still want that big box in the suburbs you kind of need that. >> if you are going to get me to leave my house and actually go to a store, i want a better selection than if i drive there and you don't have what i want, i'm mad at myself for not having just ord
between wal-mart and amazon. i think wal-mart and amazon are doing a terrific job, you know, satisfying customer demand and what they need target is trying to transform the operation a little bit, but it's still early days in that transformation >> a lot of their new strategy has been to come up with these smaller stores not the super stores that we've seen in the past what do you think of those >> yeah. you know, it makes sense in an urban setting. to have a smaller store, you can...
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here's what he has to say about the man driving amazon >> he's an amazing individual. he's really smart. unbelievably creative and innovative he has incredibly high standards. ae also has a way of looking at various situations and the team thinks that they're thinking big, and then jeff will ask them to think bigger. and you know, there's a line there. you can ask a team to think bigger, and it's so much bigger, it's so impossible that the team tunes you out because it's just not viable he's doubling down on amazon overall despite the tools that are now on amazon's clouds doesn't feel like the competition is running fast enough to catch up to him, kelly. >> i don't know, the way he dismissed by oracle by name and insulted them thinks they are getting more nervous about their competition. >> i think it's clear that amazon is trying to move into areas where these other enterprise companies have in the past dominated amazon is making a case for data base a or call says no so fast. jassy is arguing that despite the fact that the growth rates at these companies might be fas
here's what he has to say about the man driving amazon >> he's an amazing individual. he's really smart. unbelievably creative and innovative he has incredibly high standards. ae also has a way of looking at various situations and the team thinks that they're thinking big, and then jeff will ask them to think bigger. and you know, there's a line there. you can ask a team to think bigger, and it's so much bigger, it's so impossible that the team tunes you out because it's just not viable...
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Nov 9, 2017
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amazon that's winged. it's process, process, process all the other guys are trying to catch up only walmart, do i see, and that's of course why the stock is up so uch, only walmart seems to be able to develop a strategy that is uniquely silicon valley and is very much, very much designed to stop amazon >> we're, obviously, a couple of weeks out from black friday week, and we're going to be talking about that in the days ahead. we do want to get to some media news at&t says it has no intention of selling cnn as part of its planned $85 billion deal to buy time warner after reports surfaced that the doj wanted to sell cnn to win governmental approval randall stephenson putting out a statement, i have never offered to cell cnn and have no intention to doing so. we'll hear more from stephenson today on cnbc when he joins our andrew ross sorkin at 1:20 p.m. eastern time a lot to unpack in this story. >> there certainly is, carl, and it's taken let's say an unexpected turn over the last few days of course, as we
amazon that's winged. it's process, process, process all the other guys are trying to catch up only walmart, do i see, and that's of course why the stock is up so uch, only walmart seems to be able to develop a strategy that is uniquely silicon valley and is very much, very much designed to stop amazon >> we're, obviously, a couple of weeks out from black friday week, and we're going to be talking about that in the days ahead. we do want to get to some media news at&t says it has no...
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Nov 7, 2017
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the portal of amazon prime, so the answer is would you rather have content or distribution, the answer is yes and the winners will have both >> strategically you have to pick, mike isaac, don't you? on the one hand you have vertical integration, which is what netflix seems to be doing, comcast, nbc universal was about, and i guess time warner, at&t if that's right, would horizontal be wrong? we've seen these moves in tech, as well, apple going vertical while others go horizontal >> i think it's a tough one, especially for companies that are just not traditionally used to integrating both. i'm really curious to see how disney's stake in bam tech works, which is, of course, their thing they are going to use to do distribution for folks in the future. and the advantage that they have, as scott was noting, was all these really great content assets, you know, obviously there's the whole marvel franchise that disney owns, if that goes through, so they have the content side i think they have a really strong base there. i'm very curious if anyone has a chance at this, seems like disney with it
the portal of amazon prime, so the answer is would you rather have content or distribution, the answer is yes and the winners will have both >> strategically you have to pick, mike isaac, don't you? on the one hand you have vertical integration, which is what netflix seems to be doing, comcast, nbc universal was about, and i guess time warner, at&t if that's right, would horizontal be wrong? we've seen these moves in tech, as well, apple going vertical while others go horizontal...
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Nov 7, 2017
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company's presence on amazon a helpful driver today joe papa said the company isn't talking to amazon about prescription drugs that's a key question in the space right now. echoing similar comments from pfizer ceo last week papa sees the turnaround as a three-year process the company paid off more than $6 billion in debt with no obligations nowle until 2020 its stock, however, is trading at a fraction of its 2015 highs of more than $250 a share, guys. >> meg, by the way, what is going on with mallinckrodt >> that one coming if light of wall street's expectations the company giving a funny reason people are questioning a little bit for that, saying that an increasing number of written prescriptions for that drug are going unfilled of course, this is kind of a controversial drug because of the price. more than $36,000 for a 5 milliliter vial. its growth this year in the first half was driven by price increases so that's concerning people a lot on the mallinckrodt front, guys. >> the lone egg in its basket. not doing so well. that's a problem. >> a big drop. thank you, meg. >> thanks, me
company's presence on amazon a helpful driver today joe papa said the company isn't talking to amazon about prescription drugs that's a key question in the space right now. echoing similar comments from pfizer ceo last week papa sees the turnaround as a three-year process the company paid off more than $6 billion in debt with no obligations nowle until 2020 its stock, however, is trading at a fraction of its 2015 highs of more than $250 a share, guys. >> meg, by the way, what is going on...
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Nov 10, 2017
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amazon needs more stores but amazon should buy kohl's, not j. crew. they should also buy j. crew because they need good bands >> why should they buy kohl's? >> because it gives them 11,000 boxes in all the right spaces that are only 87,000 square feet, they're not too big. they're these nice uniform ettities and they sit out of the mall by themselves on parking lots where you can do drive in pickups. they're the ideal accusation if you want to be in the apparel space and win. they also get much better brand recognition if in fact they have somebody like a kohl's, because they'll have boxes to put the brands in as well. kohl's needs more brands amazon needs more brands together, they could get more brands >> well, they do already have that joint venture together with the amazon experience and the pickups. jan, thank you for your thoughts, as always, on retail this morning >> thank you >> well, coming up, it's baba's big day. we'll take you live to china we'll get an update on the world's largest online shopping day. >> later, alibaba's president, michael evans, is going to jo
amazon needs more stores but amazon should buy kohl's, not j. crew. they should also buy j. crew because they need good bands >> why should they buy kohl's? >> because it gives them 11,000 boxes in all the right spaces that are only 87,000 square feet, they're not too big. they're these nice uniform ettities and they sit out of the mall by themselves on parking lots where you can do drive in pickups. they're the ideal accusation if you want to be in the apparel space and win. they...
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Nov 7, 2017
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what's the impact on others, including amazon >> well, look, this is anti-amazon, even though amazon is a great partner with sales force. sales force wants to be schwittswi switzerland. we call her wonder woman, she said it and i was like wow, let's call her wonder woman. they have an incredible set of data you hook into them and it's an end zone, wow, we're in the end zone, there's nothing else wrong, amazon has the data and then they put it to work with you with their own eco system. now google has an eco system that makes it -- let's say you're wall mart want to do stuff at google google therefore has more data that can be put to work as yours challenged by the mike crow soft she just hoped she could have the largest web service. this makes it so it's actually believable maybe one day the dream will come true for them >> meanwhile, there's the guidance from sales force itself about 19, looking for revenue, that's another -- put another 20% on the board >> well, look, this company wants to be a $20 billion sales company. a huge amount of deferred revenue you can't see. i remember w
what's the impact on others, including amazon >> well, look, this is anti-amazon, even though amazon is a great partner with sales force. sales force wants to be schwittswi switzerland. we call her wonder woman, she said it and i was like wow, let's call her wonder woman. they have an incredible set of data you hook into them and it's an end zone, wow, we're in the end zone, there's nothing else wrong, amazon has the data and then they put it to work with you with their own eco system....
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Nov 24, 2017
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>> amazon is an important customer of u.p.s. our working relationship is strong we work a lot with them to make sure we understand what they're doing. on the other side, u.p.s. is here to serve other customers and to support every customer they have online ambitions and they want to get their goods back into the hands of consumers. that's what we take into consideration. >> are you in position now to increase your prices for shipping is this not an environment where you think you can get some of that through >> we have contracts with shippers, prices are locked for the most part. at this moment, we have to develop plans in order to deliver our promise and deliver those 750 million packages into the hands of those consumers in time for christmas that's what's on our mind at this moment. >> what do you make of recent reports saying amazon will cut its reliance on third party shippers, like u.p.s., like fedex t will go for amazon seller flex. how would that impact you? >> it's early to tell. as i mentioned, we have a good working r
>> amazon is an important customer of u.p.s. our working relationship is strong we work a lot with them to make sure we understand what they're doing. on the other side, u.p.s. is here to serve other customers and to support every customer they have online ambitions and they want to get their goods back into the hands of consumers. that's what we take into consideration. >> are you in position now to increase your prices for shipping is this not an environment where you think you...
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Nov 22, 2017
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>> amazon is the big winner. there's clearly a massive tailwind selection, ease of use, price. they win across. covering internet, if is a winner take all mentality when you see that on the e-commerce side the jeffries team believes walmart will be a beneficiary. the company has been doing well. the retail team is bullish about what walmart is doing as well. we also think, you know, ebay has been fundamentally performing, but undergrowing the e-commerce market. ebay has been showing a slow improvement. so we think that, you know, ebay is one to watch. certainly is not executing quite as well as others, but keep an eye on ebay. >> i'm curious about -- i guess we call them dark malls now, those malls that could not survive. i wonder, is there a trend as to how they're being repurposed now? is all that space going to become something else entirely is it going to draw some demand for retailers who might want to have more physical presence? >> some of our most aggressive investor clients are actually going after that opportunity because of the partial reuse, where you can bring in a
>> amazon is the big winner. there's clearly a massive tailwind selection, ease of use, price. they win across. covering internet, if is a winner take all mentality when you see that on the e-commerce side the jeffries team believes walmart will be a beneficiary. the company has been doing well. the retail team is bullish about what walmart is doing as well. we also think, you know, ebay has been fundamentally performing, but undergrowing the e-commerce market. ebay has been showing a...
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Nov 9, 2017
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embracing technology like amazon which dominates market using artificial intelligence, figuring out what you want before you even know or facebook and google, using brains and computing power to distinguish themselves versus the competition. third, victorious organizations rely on loyalty to that institution. bedrock of successful art but ingredient to succeed in banking. morgan, goldman sachs, bank of america, each case see loyalty to the institution forged in fire many of the leaders followed the companies through recession and investigations by justice department to keep their banks whole. by the way, i know you rarely hear about situations where bankers are the good guys, but aside from -- other than defense contractors, no other industry has a commitment to hiring veterans like banks. not out of goodness of their hearts but because they value leadership, grace under pressure and loyalty to the institution goldman sachs back in the day, boss and many colleagues came from many branches of the service and commitment runs deep fourth, attention to detail or situational awareness. most s
embracing technology like amazon which dominates market using artificial intelligence, figuring out what you want before you even know or facebook and google, using brains and computing power to distinguish themselves versus the competition. third, victorious organizations rely on loyalty to that institution. bedrock of successful art but ingredient to succeed in banking. morgan, goldman sachs, bank of america, each case see loyalty to the institution forged in fire many of the leaders followed...
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Nov 3, 2017
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that clevelandsubmitted to amazon a part of its bid. it's one of the only parts of the bid that the city has made public also submitting bids, columbus and cincinnati so how does ohio as a whole stack up it has the population. remember amazon wants a million plus in the metro area cleveland, cincinnati, and columbus all have more than 2 million people so that's an a-plus, but in a state we ranked 37th for business, ohio -- business friendliness, i should say, 16th overall, 37th for business friendliness, ohio gets an "f" for stability. it's a close call, though, because they have been cutting regulations and state finances are strong ohio is among the tops in the nation for higher education, but with the 31st ranked work force and the 30th quality of life when we come to stop states, another "f" for attracting and retaining talent with limited air travel options, c-plus for locations put it all together, gpa of about 1.67, or a c-minus naturally, economic development officials here see it differently. >> we hear from companies that are
that clevelandsubmitted to amazon a part of its bid. it's one of the only parts of the bid that the city has made public also submitting bids, columbus and cincinnati so how does ohio as a whole stack up it has the population. remember amazon wants a million plus in the metro area cleveland, cincinnati, and columbus all have more than 2 million people so that's an a-plus, but in a state we ranked 37th for business, ohio -- business friendliness, i should say, 16th overall, 37th for business...